2-bedroom flat · RG40 1LB
Let agreedListed 57 days · slow let
Opportunity summary
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About
Tenure: Leasehold Modern Two-Bedroom Ground Floor Apartment | Montague Park, Wokingham Quietly tucked away toward the rear of the popular Montague Park development, this well-presented two-bedroom ground floor apartment offers practical and comfortable modern living in a particularly convenient location.
One of the property's key advantages is its layout, with two generous double bedrooms and two bathrooms , making it an excellent option for professional sharers as well as couples.
The principal bedroom has its own en-suite shower room, while the second double bedroom is positioned directly opposite the main bathroom, meaning both bedrooms have convenient access to a bathroom.
The welcoming entrance hall provides excellent built-in storage, with additional space cleverly incorporating a washer/dryer within one of the hallway cupboards.
An intercom entry system also provides added convenience and security.
The open-plan living and dining area is a bright and practical space, benefiting from dual-aspect windows, including a bay window , which allow plenty of natural light into the room.
The adjoining fitted kitchen is well equipped with integrated Zanussi appliances, including an electric oven, gas hob, extractor hood and dishwasher , together with a built-in fridge freezer Both bedrooms are comfortably proportioned doubles with excellent fitted storage.
The principal bedroom benefits from two double built-in wardrobes and a modern en-suite shower room featuring a large double walk-in shower.
The second bedroom has a triple built-in wardrobe and is conveniently positioned directly opposite the main bathroom , making the layout particularly well suited to professional sharers.
The main bathroom is fitted with a bath and shower over. Outside, the apartment benefits from an allocated parking space, additional visitor parking and secure communal bicycle storage.
The location is another strong feature.
The apartment is positioned close to the green spaces and walking routes within Montague Park, while Floreat Montague Park Primary School and Nursery is just a few steps away St Crispin's secondary school is also within easy reach.
The local Co-op provides an easy option for everyday shopping, while The Oakingham Belle and The Foundry Bell are both nearby for drinks and meals.
Wokingham town centre and its mainline railway station are also conveniently accessible, with excellent road connections to the M4 and A329(M) providing easy access towards Reading, Bracknell and the wider Thames Valley.
Key Information Available from: Immediately Monthly Rent: £1,600 Deposit: £1,846 Holding Deposit: £369 Annual Income Required for Referencing: £48,000 Council Tax Band: D EPC Rating: B Utilities & Connectivity Gas central heating Mains water and sewage Broadband: Fttc (Fibre to the Cabinet) Mobile coverage: Good/likely across major networks EPC Rating: B
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 50 Ifould Crescent, Wokingham
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